
Nearly 4 private acres on the Pedernales River arm of Lake Travis, inside the gated equestrian community of Paleface Ranch in Spicewood, TX. Panoramic lake views greet you from multiple vantage points across this elevated, tree-lined property, and the community boat ramp puts open water within minutes for boating, jet skiing, and paddleboarding. Wildlife, mature trees, and Hill Country air define daily life here. This is waterfront acreage living at its most complete.
The 3,641 sq ft two-story home, has been comprehensively updated throughout with upgraded flooring, cabinetry, appliances, electrical, light fixtures, ceiling fans, and washer, dryer, and refrigerator. Every room reflects a current, finished condition with large windows and sliding doors that pull those lake and Hill Country views directly inside.
The open-concept main level connects the living area, dining, and kitchen without interruption. The kitchen features a large island with an integrated sink, stainless appliances, and granite counters. A dedicated home office with vaulted ceilings and hardwood floors sits apart from the main living areas. The primary suite includes a freestanding soaking tub, dual vanities, and a walk-in shower. A half bath with vessel sink and granite counters serves the main level. Five bedrooms and 3.5 baths total across two levels with two separate living areas.
Outside, two covered patios, including one with a wood-paneled ceiling, anchor the outdoor living areas. A stone patio, tiered deck, hot tub, and fire pit complete the exterior for year-round entertaining. A large metal-sided barn and storage facility adds working ranch utility. The long driveway winds through mature trees to a grand wooden entry archway.
Paleface Ranch is served by Lake Travis ISD, approximately 15 minutes to Hill Country Galleria, and under an hour to downtown Austin via Highway 71. Harbors a diverse range of wildlife
Property Type
Residential
Year Built
2017
Lot Size
3.97 acres
$/Sq Ft
$544
HOA
$800/mo
Garage
10 spaces
Listed by Keller Williams - Lake Travis
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
2203 Improver RD is listed at $1,980,000 with 5 bedrooms, 3 full, 1 half bathrooms, 3,641 square feet, 3.97-acre lot. This places it above the 78669 median of $875,000.
2203 Improver RD is zoned for Lake Travis ISD with assigned schools: West Cypress Hills (elementary), Lake Travis (middle), Lake Travis (high). School assignments should be verified directly with the district.
2203 Improver RD is a Residential built in 2017 featuring 5 bedrooms, 3 full, 1 half bathrooms, 3,641 square feet, 3.97-acre lot.
2203 Improver RD is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 2203 Improver RD is $36,158. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+2.1% | — | $2,010,699 | — | — |
2024+26.3% | — | $1,968,610 | $615,250 | $897,680 |
2023+57.7% | — | $1,559,220 | $192,600 | $1,776,010 |
2022 | — | $988,869 | $192,600 | $1,366,620 |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($396K)
$1,980,000
Luxury property intelligence
A sourced read on Paleface Ranch Sec 01 pricing, timing, and property scale. No automated valuation claim.
List price
$1,980,000
Price per sqft
$544/sqft
Vs. Paleface Ranch Sec 01 median
Not available
Days on market
4 days
Original to current
No verified reduction
$2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 5, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($396,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2203 Improver RD is around $13,287 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,980,000, 2203 Improver RD is in the Paleface Ranch Sec 01 market where there are currently 251 active listings in 78669. The Keenan Group has completed 9 transactions in 78669 as part of 1,000+ career sales totaling $1B+ across Austin.
2203 Improver RD was built in 2017, making it 9 years old with relatively recent construction.
2203 Improver RD includes verified waterfront access: River Front,Waterfront. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
2203 Improver RD is part of a managed community with HOA dues of $800 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$1,980,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+2.1% | — | $2,010,699 | — | — |
2024+26.3% | — | $1,968,610 | $615,250 | $897,680 |
2023+57.7% | — | $1,559,220 | $192,600 | $1,776,010 |
2022 | — | $988,869 | $192,600 | $1,366,620 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Paleface Ranch Sec 01
Active listings near 2203 Improver RD
Recent sales for market context